Re Brick & Mortar Store Goes Cashless

["Dave Farber" <dave () farber net>]

---------- Forwarded message ---------
From: Rollie Cole <rolliecole () gmail com>
Date: Fri, Feb 3, 2017 at 1:48 PM
Subject: Re: [IP] Brick & Mortar Store Goes Cashless
To: Dave Farber (by way of Bernard A. Galler) <dave () farber net>


The Harvard professor who has written a book on this is not worried about
small cash transactions, but large ones (like buying a house or car with
cash). His idea is to keep small bills, but cut way back or eliminate the
large ones ($1000, $500).

We also, currently, lack widespread access to "stored value cards" that
would preserve anonymity. I did get a rebate via one of them recently -- it
operated like a debit card without a pin code. I suspect we will see many
more such cards in the future.


[image: photo]
*Rollie Cole*
Co-Founder, Wholesale Economic Development
512-537-0898 | rolliecole () gmail com | http://wholesaleecdev.com |
5902 Westslope Drive, Austin TX 78731 | WHOLESALE ECONOMIC DEVELOPMENT Vol.
I http://preview.tinyurl.com/wholesaleeconomics | wiseintro.co/rolliecole
<http://wiseintro.co/rolliecole>

On Fri, Feb 3, 2017 at 11:35 AM, Dave Farber <dave () farber net> wrote:


---------- Forwarded message ---------
From: Edward Biebel <edward () biebel net>
Date: Fri, Feb 3, 2017 at 12:17 PM
Subject: Brick & Mortar Store Goes Cashless
To: Dave Farber <dave () farber net>


Dave,

I thought IP might find this interesting.  This is the first retailer
that I've encountered that has gone completely cashless.

Thinking sustainably — one of our core values is all about making
decisions that will last longer than we will. We run our business with
an eye on the future, always thinking about choices that will make the
biggest impact and will resonate with you, our consumers, who embrace
evolution and innovation. It’s through that lens that we’ve decided to
go cashless.

By March of 2017, sweetgreen will no longer accept cash — we’ll accept
payment by credit card, debit card or mobile app.* Welcome to the
future, baby.

https://medium.com/@sweetgreen/cashless-49f64f24dd0f#.ch0ssajyj

Ed

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